Blackstone and Brookfield Among Bidders for €8 Billion Volkswagen Unit
Market Intelligence Analysis
AI-PoweredBlackstone and Brookfield are among the bidders for Volkswagen's €8 billion diesel engine unit, with new offers of at least €8 billion. This suggests a high level of interest in the unit and potential for a significant deal. The bidding process is ongoing.
Market impact analysis based on bullish sentiment with 90% confidence.
Article Context
Blackstone Inc. and Brookfield Asset Management Ltd. are among the private equity firms in the next round of bidding for a majority stake in Volkswagen AG’s heavy diesel engine unit, having made new offers of at least €8 billion ($9.4 billion), people familiar with the matter said.
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